Category: BUSINESS

  • Chai SACCO marks 50th Anniversary, banks on digital transformations to propel its growth plans

    Chai SACCO marks 50th Anniversary, banks on digital transformations to propel its growth plans

    Chai SACCO, a leading Deposit-Taking (DT) Savings and Credit Cooperative (SACCO), today, marks fifty (50) years since it started its operations of empowering its members economically, socially, and promoting financial inclusion.

    Over the past fifty (50) years, Chai SACCO has played an integral role in enriching the lives of Kenyans and in the transformation of the SACCO subsector through financial inclusion, wealth creation and employment in the country.

    Some of the most recent milestones the SACCO has achieved are the investment and introduction of innovative financial products and services including credit, savings, loans and insurance solutions that have resulted in the growth of its membership base and improved financial performance of SACCO for the period ending 2022.

    While gracing the celebrations, Cabinet Secretary State Department for Cooperatives Principal Secretary Patrick Kiburi Kilemi said, “I am delighted to be part of this important occasion when you are celebrating your Golden Jubilee as well as the awarding of Quality Management System (QMS)- ISO  9001-2005 certification. The Ministry will continue to strengthen commodity co-operatives to carry out value addition with their view to increasing their competitiveness and returns to members.”

    Speaking during the half-century celebrations and commenting on the financial performance of the SACCO, Chai SACCO Chairman Boniface Ayub said, “As we mark the 50th anniversary, the SACCO has achieved remarkable success in its financial operations. We have recorded a growth of 8.7 per cent in 2022 compared to 7.5% in 2021, with the total assets growing from Ksh. 4.3 billion to close at Ksh. 4.7 billion. Our revenue increased by 14.2 per cent from Kshs 634million to Ksh.725million. These are good projections and a golden ticket to chat the path forward. We continue to implement our strategic plan which is anchored on technology and new innovations. I’m proud to mention that we have been able to achieve all our ratios, particularly, the institutional capital ratio which was below the threshold of 8%.”

    Mr Ayub disclosed that the Chai SACCO has a strong membership base with the Society recording an active membership growth of 27.9 per cent from 25,945 members in 2021, closing at 33,184 members in 2022. He noted that the results are attributed to a new recruitment drive, activation of dormant accounts and review of membership policy to include transactions such as deposits, shares and saving; and loan repayment in determining dominant membership. He disclosed that the execution of these initiatives led to the reduction of the dormant members from 9,131 to 707.

    And added: “Chai SACCO members’ share capital grew by 6.1% from Ksh.536million to Ksh.569million. Members’ deposits also increased from Ksh. 3.0 billion in 2021 to Kshs 3.3 billion in 2022. This shows the resilience of our SACCO and its members amid the global macro environmental challenges and most industries and sectors struggling to sustain their businesses due to the economic shocks and recovery from the global pandemic,’’ said Mr Ayub.

    During the reporting period, Chai SACCO has focused on investing and enhancing its operational efficiency by implementing robust ICT systems, introducing member self-service products like e-loan, short-term electronic loans and online products and services. The SACCO has successfully implemented a Quality Management System (QMS) process that led to achieving the ISO 9001:2015 QMS certificate.

    Commenting on Chai SACCO’s future outlook, Mr Ayub said that the SACCO played a significant role in the development of the SACCO subsector in Kenya. He noted that the SACCO’s commitment to good governance, transparency, and accountability has set the standards for other SACCOs to follow. He added that the SACCO’s financial strength and stability have inspired confidence in members and the wider public, and have contributed to the growth and development of the cooperative movement in the country.

    The SACCO subsector is a significant contributor to Kenya’s economy with an approximation of 5.7 per cent of the total assets to GDP ratio. There has been upward growth within the sector which cannot be found ignored. The SACCO movement in Kenya has been instrumental in transforming the country’s financial sector by providing financial services to millions of Kenyans who would otherwise not have access to them. SACCOs are member-owned financial cooperatives that provide savings and credit facilities to their members at affordable interest rates. Over the years, SACCOs have grown in popularity and membership, with over 5,000 registered SACCOs in Kenya today, serving over 14 million members.

    Speaking at the same function, Chai SACCO CEO Francis Mwatee expressed his gratitude to the members for their unwavering support over the years. “We are proud of what we have achieved over the past 50 years, and we look forward to continuing our journey of transforming the lives of our members and the communities we serve,”

    As the Chai SACCO celebrates its 50th anniversary, it reaffirms its commitment to continue offering quality financial services to its members while supporting the development of the tea-growing regions and the country at large. As part of the celebrations, the SACCO will hold its 50th Annual general meeting (AGM), tomorrow.

    The Kenyan government has recognised the important role that SACCOs play in the country’s economy and has over time introduced policies to support their growth. The government has provided financial support and incentives to SACCOs, including tax breaks and grants, to encourage them to expand their operations and reach more members.

    One of the most significant contributions of SACCOs to the Kenyan economy has been their role in promoting financial inclusion. SACCOs have enabled millions of Kenyans to access financial services, which has in turn helped to reduce poverty and increase economic growth. By providing affordable credit to small businesses and farmers, SACCOs have also helped to stimulate local economies and create employment opportunities.

    Chai SACCO continues to grow its stature in the SACCO subsector and financial industry, demonstrated by its unrivalled commitment to transforming the Tea, Small and Medium-size Enterprises (SMEs), Agri-business sectors, and Youth and Women empowerment initiatives.

  • CNN’S #MYFREEDOMDAY CALLS ON STUDENTS AROUND THE WORLD TO “KNOW THE SIGNS” OF MODERN-DAY SLAVERY

    CNN’S #MYFREEDOMDAY CALLS ON STUDENTS AROUND THE WORLD TO “KNOW THE SIGNS” OF MODERN-DAY SLAVERY

    Now in its seventh year, #MyFreedomDay, CNN’s one-day, student-driven social media event to raise awareness of modern-day slavery, returned on the 16th of March. The driving force behind this year’s event is a call on students and communities worldwide to “Know the Signs” of modern-day slavery, as a key tool to identify and stamp out human trafficking in their communities.

    Thousands of students from more than 100 countries have accepted this year’s call to action, with students organizing online discussions, book clubs, art exhibitions, video campaigns, live music performances, and other planned activities.

    On Saturday the 18th of March, CNN International will broadcast Fighting for Mercy: A CNN Freedom Project Documentary. This film follows Mercy Esther, a survivor who at just 8 years old was taken from her village in rural Tanzania and forced into domestic servitude in a faraway city. At 16, she made a daring escape to find her family and reclaim her life. Working with the Kulczyk Foundation, the CNN Freedom Project investigates this common reality in Tanzania and highlights one brave Tanzanian woman, a survivor of domestic servitude herself, who has devoted her life to saving girls like Mercy Esther and changing the mindset of people who have allowed this abuse to become a part of the culture.

    In Kenya, Georgia Fernandes, a 21-year-old student of architecture wrote the script for the film “Mercy”. The film represents the perseverance that thousands of young girls demonstrated during the COVID-19 pandemic, during which statistics of gender-based violence reached appalling heights in Kenya. She hopes that the short film’s viewers will recognise the ripple effect of a single wrong decision on multiple lives and the film will push men to “Think Twice” before they even touch a girl. Mercy will be launched officially for public viewing in the month of March 2023.

    CNN’s #MyFreedomDay microsite, CNN.com/MyFreedomDay will offer interactive content to “Know the Signs” of modern-day slavery in all its different forms and serve as educational tools for students and broader audiences worldwide. CNN is encouraging students to share their responses to the question ‘What does freedom mean to you?’ using the #MyFreedomDay hashtag, which will be showcased on the microsite.

    Leif Coorlim, the executive editor of the CNN Freedom Project, said: “Year after year, we are amazed by the response of students from around the world, who, inspired by the remarkable stories of survivors of human trafficking, turn their alarm into action. This year, we are honoured to offer them practical tools to know the signs of modern-day slavery so that they may amplify this message and help put an end to it wherever it occurs.”

    #MyFreedomDay coverage will kick off at 12amET on CNN International, with correspondents contributing throughout the day from Atlanta, Hong Kong, and London among others. CNN correspondents will also highlight remarkable stories of survivors of human trafficking from such diverse places as Bolivia, Cambodia and San Diego, California.

  • Kenya College of Accountancy Champions accessibility for Challenge Based Learning

    Kenya College of Accountancy Champions accessibility for Challenge Based Learning

    KCA University has joined hands with other stakeholders in a bid to improve Challenge Based Learning (CBL).

    This according to the deputy vice-chancellor of academic affairs Prof. Joshua Bagakawill go a long way in improving the graduands’ employability, Prof. Bagaka says:

    “The interaction today was about challenge-based learning to our students in the university. Which differs very much from traditional test papers and such.”

    Buy in this case we are adopting A method where students are given real-world problems and they are challenged to solve them. We see that as a way to go because in that case, it prepares students for the real world. The second part is if we do that, then it means that the students will actually have to be ready and they won’t have to memorize for the exams.

    “If we have challenge-based learning, it means each student will be addressing these challenges in different ways so there’s no memorizing and they will be focusing on problem-solving. KCA University is the pioneer in this thing and we are partnering with Lincoln University where such approaches have taken root.

    In Kenyan universities we have had this tradition that the final exam accounts for 70% of the final grade. Such that what the students do throughout the trimester only accounts for 30%. The final exam can even account for 10 or 20%.”

  • Kenyan PR firm AM Communications eyes African market

    Kenyan PR firm AM Communications eyes African market

    Kenyan public relations and digital consultancy firm AM Communications has partnered with South Africa-based Alfa Destiny Communications in a deal targeting the fast-growing African market for specialized corporate communication and reputation management solutions.

    Announcing the collaboration, the two agencies have agreed to jointly provide innovative strategic communications solutions to local and multinational clients with a presence in or seeking to enter the African market, with the initial target being Kenya, South Africa, Zimbabwe, Ghana and Nigeria.

    AM Communications Managing Partner, Anthony Mutua, says the partnership is geared to creating synergy to deliver unique, timely and relevant communications solutions to local and international brands keen on establishing and growing their presence on the continent.

    “The goal of this partnership is to help our mutual clients build brand visibility and support their growth and success, while strengthening our regional footprint in Africa. A strong understanding of the local market is key to delivering insightful, informed and well-nuanced solutions that help our clients understand and adapt to the needs of this market,” said Mutua.

    He added, “Increased diversification in the large economies in Africa, a flourishing middle-income consumer market, and increased investment in key sectors like infrastructure, financial services, transport, ICT, health and manufacturing tells an exciting and promising story about Africa.”

    On her part, Tshego Kekana, Founder and Managing Director of Alfa Destiny Communications cited the rapidly evolving dynamics in the continent’s PR landscape, headlined by digital disruption, hence the need for innovative but localized solutions to clients’ needs.

    “Our collaboration with AM Communications is designed to enable both agencies harness their strong presence in key markets in Africa, with locally relevant communications solutions tailored to specific in-country markets,” explained Kekana.

    In 2022, the Public Relations and Communications Association (PRCA) published the first ever report on the African public relations (PR) landscape. The report shows improved demand public relations and strategic communications on the continent. An increasingly sophisticated commercial and media environment has also attracted global PR agencies keen on tapping on this growing demand especially for reputation management for brands and companies. The move towards digital and social media-led communication strategies also represents a strong growth area for African PR practitioners.

    AM Communications was established in 2018 and has since grown rapidly servicing big global brands in Kenya and East Africa like KLM, Air France, Novozymes, Microsoft, Tatu City, Faulu Bank, Uganda Tourism Board (UTB), Gertrude’s Children’s Hospital, Maersk, LG Electronics, Pwani Oil and Old Mutual among others.

    Alfa Destiny Communications currently has a presence in five African countries, South Africa, Zimbabwe, Kenya, Ghana and Nigeria. The firm, which counts among its clients’ big brands like Absa Bank, Kelloggs, Hatch, Healthgarde International and Johannesburg Social Housing Council – specializes in public relations, marketing, media relations, digital marketing, influencer marketing and event management.

  • 190-year-old British-based global development organization operating in 86 countries moves strategies

    190-year-old British-based global development organization operating in 86 countries moves strategies

    By Martin Masinde

    The British not-for-profit international development organization Crown Agents, which supplied locomotives to Kenya’s very first railway lines has unveiled a strategic change in its Kenyan operations, with the opening of new offices in Nairobi to put Kenyan experts in charge of parts of its
    global operations.

    The development company implements programs for governments, donors, and agencies worldwide. Crown Agents has had offices in Kenya since 1965 supporting the Government of Kenya in delivering programmes in procurement reform, health, and government staff training.

    However, in the last year, it has tripled its staff in Nairobi, appointing Kenyan experts to manage parts of its
    global strategy and programs. Crown Agents is now managing global recruitment from Nairobi, as
    well as its global fund management strategy.

    This follows Crown Agents Kenya taking a leading role in tackling Neglected Tropical Diseases by facilitating the administration of 8.5 million treatments against Schistosomiasis (Schisto) and Soil
    Transmitted Helminths (STH) across the world. The treatments were funded by the UK Foreign,
    Commonwealth and Development Office (FCDO) and the Children’s Investment Foundation (CIFF) as
    part of their effort to eradicate NTDs globally.

    Last year, Crown Agents Kenya collaborated with philanthropists and the Irish and Japanese Governments to deliver over 4.5 million pieces of assorted PPE, ventilators, oxygen concentrators, and other medical equipment to hospitals around the country to support Kenya’s fight against COVID-19.

    Crown Agents Kenya is currently working closely with the Governments of Kenya and Jersey to reinvest three million pounds of looted funds hidden in Jersey into the Kenyan health sector. Through the Framework for the Return of Assets from Corruption and Crime in Kenya (FRACCK), an asset recovery program signed by the Governments of Kenya, Jersey, the UK, and Switzerland, Crown Agents Kenya is leading in the procurement of medical equipment and the training of health workers, with the aim of providing enhanced health service delivery as part of the universal healthcare initiative.

    To accommodate its increased staff, Crown Agents Kenya is now moving to larger offices in the Green House on Ngong Road. The move follows a few years after the appointment to Crown Agents’ global Board of Directors, in 2021, of Non-Executive Director David Mureithi, former Unilever Managing Director for Kenya, East, and Southern Africa, and board chairman of Starehe Boys Centre and School.

    “Crown Agents exist to enable governments and society to resolve some of the most onerous barriers to development. To do that most effectively, we need strategic and programmatic leadership that understands the causes, and the specific circumstances, that we face across the developing world,” said David.

    Opening the new offices, with now eight global Kenyan managers, alongside the Kenyan implementation team, recently appointed Country Director for Crown Agents in Kenya, Loise Kinyanjui, said: “We now have part of the company’s global strategy being driven by those who have lived, studied and worked in Africa, working alongside country-level staff engaged in detailed procurement and logistics challenges.”

    About Crown Agents
    Crown Agents is a UK not-for-profit international development company with decades of experience supporting governments, working in some of the most difficult contexts in the world, and focusing on the most vulnerable in society.

    Crown Agents’ work reaches over 36 million people in 60 countries, with expertise in Procurement Reform, Public Sector Transformation, Humanitarian & Stabilisation, Last Mile Supply Chain, Health System Strengthening, and Training & Professional Development.

  • Chege Kîrûndî  a leader who has done tea Reforms

    Chege Kîrûndî a leader who has done tea Reforms

    The Chairman of Kiru Tea Factory Chege Kîrûndî has hailed several reforms geared towards improving the tea sector in the country.

    Speaking exclusively to Mount Kenya Times E-paper, Wakili Kîrûndî noted that the reforms are a step in the right direction and called upon farmers to improve their tea farming.

    “Recent developments have resulted in high-yielding tea varieties so I’m urging farmers to embrace such. Most of the smallholder tea in Kenya was planted in the 1960s and with time it has lost its productivity but thanks to science, the newly developed clones are yielding better returns,” Wakili Kîrûndî noted.

    He at the same time highlighted the need for the farmers to grow green tea, purple tea as well as orthodox tea. “All these are fetching very good prices in the market and we thank the Kenya Tea Development Authority KTDA for showing goodwill to boost and facilitate this,” he added.

    The Kiru Tea Factory Chairman also advised farmers to embrace diversification at a time when farmers across the country are feeling the effects of climate change.

    “On the same farm, make a point of planting other profitable crops such as avocadoes, macadamia, and the like. Also, rear the dairy cows and use the manure to boost soil fertility,” Wakili concluded

  • Afyarekod & Aheti Align Towards Digitizing Primary Healthcare Via Data And Patient Management


    AfyaRekod and Africa Health and Economic Transformation Initiative (AHETI) recently signed an MOU to drive the agenda of digitization of primary healthcare through a data and patient-driven approach via the network of the mission clinics in over 44 countries in Africa.

    The agreement also focuses on capacity development for healthcare workers, supporting them with equipment and creating sustainable value for them via the alliance.

    The network size and scale in Africa handles over 55% to 60% of primary healthcare across the continent via the Jesuit Justice and Ecology Network Africa (JENA)
    AfyaRekod has been working with The Association of Sisterhoods of Kenya (AOSK) to power the Catholic Mission Hospitals in Kenya with our AfyaRekod mobility EHR system that is digitising the mission hospitals.

    Digitising the hospitals is a crucial step for AOSK as they strive for better healthcare and streamlining of operations in the mission hospitals.


    According to Prof Fred Ogolla, CEO of AHETI, there have been revolutions that transformed the world. Some for better, others for worse.

    “The industrial revolution improved income levels in the world, birthing unprecedented global economic growth. The partnership between AHETI & AfyaRekod has the potential to birth the next revolution; a digital health revolution that will transfer health from the hands of doctors to the patients’, says Dr Ogolla.


    By leveraging the AfyaRekod technology to reach their SDG goals, AHETI benefits from this partnership through the use of technology to contribute to the social and economic justice of the country with quality and affordable healthcare being the ultimate go
    John Kamara, CEO of AfyaRekod, says that the reformation of healthcare in Africa lies in the way we drive the digitization, education and value of patient-driven healthcare using data as the core value to help the over 75% of the African population and the very limited health-facilities that serve these people in rural and semi-urban communities across the continent.

    With the partnership with AHETI we can collectively support the sisters and mission clinics that serve over 300m people in Africa every year. The key to reducing the cost, burden and inefficiency in healthcare is driving the agenda of preventive and data-driven approaches to healthcare and treatment.


    By working with AHETI and her networks to digitize and drive patient-driven healthcare in primary health systems, the result will be a transformed and healthy Africa.


    “We have found that the three entities have similar goals and it is why we all sat down to discuss how our combined efforts could lead to quality and affordable healthcare which in turn, will go a long way to eradicating poverty diseases.”

  • Huawei in Kshs 10 million conservation boost

    Huawei in Kshs 10 million conservation boost

    Huawei Kenya has announced the investment of Kshs 10 million (USD100,000) into the wildlife and environmental conservation programs run by the Lewa Conservancy including the endangered white rhino. The funds are also intended to support the conservancy’s community empowerment efforts which has so far touched more than 120,000 people around the area, covering education and entrepreneurship.

    Speaking during the announcement of this year’s edition of the Lewa Safari, Huawei Kenya Deputy CEO Sheng Kaifu said that as a leading global ICT solutions provider, Huawei is dedicated to sustainable socioeconomic development and strives to build a better-connected world in which everyone can share everything. The event will take place at Lewa Wildlife Conservancy on 24th June.

    “Huawei is committed to supporting environmental and wildlife conservation which we have done for the past 16 years. The conservancy is home to some of the rarest wildlife and we know through our support and the difference we make in preserving the iconic species at the conservancy for future generations as well as the surrounding communities”, said Sheng.

    The firm’s sustainability mission includes minimizing its environmental impact in manufacturing, operations, and over the entire lifecycles of its products and services. Huawei’s innovative products and solutions help industries reduce their energy consumption and emissions, and contribute to the circular economy by actively working with industry partners to shrink the collective carbon footprint. 98 per cent of Huawei’s top 100 suppliers and energy-intensive suppliers have set carbon emissions reduction targets with the support of Huawei.

    Since its inception in 2000 the annual event has raised over Kshs 800 million (USD8 million) in support of conservation and community initiatives throughout Kenya. Nearly Kshs 400 million (USD4 million) have been invested in the direct protection of endangered species, other wildlife and their habitats.

    Huawei joins Safaricom in these conservation efforts where the telecommunication service provider also put in Kshs 10 million towards the 2023 season.

    “We are proud to be part of this noble cause as we run to create awareness and take action to conserve our wildlife. We have been part of Lewa Safari’s journey of success since its inception in 2000. Today, we are proud to extend our partnership as we sponsor the event for KES 10 million. The event means a lot to us as a company because we aim to support the growth and development of talent, while conserving the country’s environment and wildlife.” said Peter Ndegwa, CEO, Safaricom.

    Reflecting on the event, Mike Watson, Lewa Wildlife Conservancy CEO said, “The Lewa Safari is not only a crucial component of our fundraising efforts, with all proceeds going directly toward conservation and community empowerment efforts, but is regarded as a world-class sporting event. It’s your chance to be part of something extraordinary that brings people together from all walks of life, cultures, and backgrounds with shared values. Whether you’re an experienced runner or just starting, the event has something for everyone. And by participating, you’ll not only have an unforgettable experience, but you’ll also be positively impacting our planet”

  • LG Unveils Latest Cutting-Edge Innovations At 2023 MEA LG Showcase, Aims to Enhance Customer Experience

    LG Unveils Latest Cutting-Edge Innovations At 2023 MEA LG Showcase, Aims to Enhance Customer Experience

    ·         LG’s flagship event returns after 4 years to highlight the company’s latest products.

    ·         The event reaffirms the company’s “Life’s Good” philosophy, which aims to bring innovative products to the market that enhance the overall customer experience.

    ·         This year’s highlights feature “First, Unique, and New” experiences with lifestyle TVs, WashTower™, and LG’s built-in home appliances.

    LG Showcase MEA 2023 is now open, marking the first time in four years that LG Electronics is presenting its latest products in the region.

    The two-day event is taking place at Habtoor City in Dubai, UAE, and is attended by over 400 guests. Visitors will have the chance to witness LG’s latest innovations, which will soon be rolled out in the region.

    The LG Showcase, which was last held in 2019, brings together the largest group of participants ever, reflecting their confidence and expectations towards LG’s brand and its exciting range of new products. The event reaffirms the company’s “Life’s Good” philosophy, which aims to bring innovative products to the market that enhance the overall customer experience.

    Giving his Keynote Speech, Mr. Il Hwan Lee, Chief Executive Officer of LG MEA Region, said, “We are thrilled that LG Showcase MEA has resumed in Dubai in the post-pandemic period. This event has built a reputation for providing visitors with first-hand experiences with the most innovative technology that LG has developed, providing our customers with ‘First, Unique, and New’ experiences. Despite the industry’s challenges over the past few years, it is wonderful to see so many guests and partners at the event today.”

    The company has also made its range of strategic products available, including QNED TV, Vivace washing machine, and DualCool air conditioner. Guests can also experience LG’s new emerging products range featuring dishwashers, dryers, audio systems, gaming monitors, PCs, vacuum cleaners, stylers, and more.

    In his remarks, Dong Won Lee, MD, LG East Africa, said, “Everyone at LG is excited for the start of LG Showcase 2023 MEA. We have a whole host of innovative new products and devices on display for visitors to use and experience. With almost 400 guests confirmed to attend, we expect plenty of interest from visitors about how LG sees the future of technology in the coming years. The event is also a wonderful opportunity for LG to further enhance our business relationships with local partners. As a company, we are fully committed to supporting local customers and partners by fulfilling their needs as well as sharing the values the company stands for with ‘Life’s Good’.”

    Visitors at the showcase will have the opportunity to get hands-on with LG’s newest high-end premium products, including the LG SIGNATURE second generation line-up, Wireless OLED TVs (including 10-year anniversary editions), and refrigerator with MoodUP™.

    This year’s highlights feature “First, Unique, and New” experiences with lifestyle TVs and WashTower™. A particular focus is LG’s built-in home appliance range of products that further enhance LG’s presence and position in the market.

    For more details about LG’s range of products please visit: www.lg.com

  • 190-year-old British-based global development organisation operating in 86 countries moves part of its strategic leadership operations into Kenya

    190-year-old British-based global development organisation operating in 86 countries moves part of its strategic leadership operations into Kenya

    The British not-for-profit international development organisation Crown Agents, which supplied locomotives to Kenya’s very first railway lines, has unveiled a strategic change in its Kenyan operations, with the opening of new offices in Nairobi to put Kenyan experts in charge of parts of its global operations.

    The development company implements programmes for governments, donors and agencies worldwide. Crown Agents has had offices in Kenya since 1965 supporting the Government of Kenya in delivering programmes in procurement reform, health and government staff training. However, in the last year, it has tripled its staff in Nairobi, appointing Kenyan experts to manage parts of its global strategy and programmes. Crown Agents is now managing global recruitment from Nairobi, as well as its global fund management strategy.

    This follows from Crown Agents Kenya taking a leading role in tackling Neglected Tropical Diseases by facilitating the administration of 8.5 million treatments against Schistosomiasis (Schisto) and Soil Transmitted Helminths (STH) across the world. The treatments were funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Children’s Investment Foundation (CIFF) as part of their effort to eradicate NTDs globally.

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    Last year, Crown Agents Kenya collaborated with philanthropists and the Irish and Japanese Governments to deliver over 4.5 million pieces of assorted PPE, ventilators, oxygen concentrators and other medical equipment to hospitals around the country to support Kenya’s fight against COVID-19.

    Crown Agents Kenya is currently working closely with the Governments of Kenya and Jersey to reinvest three million pounds of looted funds hidden in Jersey into the Kenyan health sector. Through the Framework for the Return of Assets from Corruption and Crime in Kenya (FRACCK), an asset recovery programme signed by the Governments of Kenya, Jersey, the UK and Switzerland, Crown Agents Kenya is leading in the procurement of medical equipment and the training of health workers, with the aim of providing enhanced health service delivery as part of the universal healthcare initiative.

    To accommodate its increased staff, Crown Agents Kenya is now moving to larger offices in the Green House on Ngong Road.
    The move follows a few years after the appointment to Crown Agents’ global Board of Directors, in 2021, of Non-Executive Director David Mureithi, former Unilever Managing Director for Kenya, East and Southern Africa, and board chairman of Starehe Boys Centre and School.

    “Crown Agents exists to enable governments and society in resolving some of the most onerous barriers to development. To do that most effectively, we need strategic and programmatic leadership that understands the causes, and the specific circumstances, that we face across the developing world,” said David.

    Opening the new offices, with now eight global Kenyan managers, alongside the Kenyan implementation team, recently appointed Country Director for Crown Agents in Kenya, Loise Kinyanjui, said: “We now have part of the company’s global strategy being driven by those who have lived, studied and worked in Africa, working alongside country-level staff engaged
    in detailed procurement and logistics challenges.”